https://www.taxtmi.com/highlights?id=72161 Refusal of Transmission of shares - Transfer of title in accordance of Will of the deceased, in favor of Daughter - The intimation u/s 56 of the Companies Act was merely about transmission of said shares and not about execution Will. - It was not only undesirable, but also unlawful for the Company to have refused ‘transmission’ of said shares when other Class-I legal heirs of the Deseased had given explicit ‘no objection’ for transmission of the said shares in favour of claimant - AT en-us Fri, 22 Sep 2023 13:37:01 +0530 Fri, 22 Sep 2023 13:37:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72161 Refusal of Transmission of shares - Transfer of title in accordance of Will of the deceased, in favor of Daughter - The intimation u/s 56 of the Companies Act was merely about transmission of said shares and not about execution Will. - It was not only undesirable, but also unlawful for the Company to have refused ‘transmission’ of said shares when other Class-I legal heirs of the Deseased had given explicit ‘no objection’ for transmission of the said shares in favour of claimant - AT Highlights Companies Law Fri, 22 Sep 2023 13:37:01 +0530 https://www.taxtmi.com/highlights?id=72161